Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
The REAL Reason FedEx And UPS Are Fighting For Tax Cuts
Posted
October 11, 2017
Views
86,089
Likes
2,563
Comments
371
Engagement
3.41%
October 11, 2017
86,089
2,563
371
3.41%
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12:37Now PlayingFedEx and UPS claim they need tax cuts before they can hire more people, TYT Investigates has uncovered the truth. Read more here
"FedEx and UPS—two of America’s biggest employers—have been publicly pushing tax cuts as job creators even as they plan to spend hundreds of millions of dollars for a coming wave of automation at their distribution centers and along their delivery lines, corporate documents show.
Neither company has said what effect their automation plans may have on their job numbers, but both FedEx and UPS are also actively developing new technology designed to expand automation, according to patent applications reviewed by TYT. One UPS executive told Wall Street analysts new automation initiatives currently being planned will be coming online as late as 2020."*
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Cast: Cenk Uygur
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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